I had a buy around 39 (aggressive as it was), and you had to sell partials imo to be able to hold that nasty pullback (stop hunt?). Now that its closed above 45 on volume, lets see where the momo takes us?
Some rough fib levels provided fwiw. Looking for a close above 42, 43.5 would be even better. Then next target is 50c. I think it might need to base around that level. #hydrogen
Hydrogen is really starting to get some interest. Im not sure what competition their is on the ASX, but PLUG & FCEL are looking good. The 11/10 high would indicate that theres some supply around this 52 level, but with a Japanese partner showing interest and a pilot plant kicking off this is looking promising.
$HZR nice little uptrend. Looking to buy the break of 46 and see what it does through the 12 month old highs. Just need Bill to put in an order for his yacht.
Hazer Group Limited is a specialist commercialization company. The Company is engaged in research and development of graphite and hydrogen production technology. The Company utilizes the Hazer Process on unprocessed iron ore as a low cost catalyst to crack natural gas to produce hydrogen and graphite. The Hazer Process enables the conversion of natural gas, and...
Second impulse has began. Maybe a good opportunity to get in on this innovative company.
Trials of the new hydrogen plant has began and there are promising signs.
$HZR and by association HZRO looks set to break to the upside in coming days and will likely present some opportunities. There has been growing pressure on the supply range at 30c for several weeks now and as the range trims the likelihood of a break increases. The gap at 31.5c is first target which is around 7% from current SP and this will set the scene for a...
Hazer the only? hydrogen play on the ASX have been smacked down by a large founding holder, the question is greed or ignorance.
The sell off has bee at the hand of one large seller while the outward facing metrics have continued to improve,
Over the coming sessions it will come to light if the selling has been ignorant or inside, should it be inside the seller...
Hazer Group today broke out on light volume. The previous move (spurred by material news in regards to their graphite and hydrogen technology) of ~65% from $0.41 to $0.68 represents a move of $0.27 which gives this latest movement a target of $0.85. This also correlates with the historical all-time high.
Since the initial move the on 3/10/17 the previous price...
Hazer has seen a string of good announcements and is technically setting up well for another solid run.
Golden cross almost taking place on the EMA 200 EMA 50
Williams R% showing oversold
Fib retrace bounced off 50%
HZR put in a solid inside bar today after bouncing off both the 50% fib retracement level and the previous resistance line which should now act as support. Expecting to see this trade in range for a few days before moving to the next resistance hurdle at 58c
FA behind this one is well worth looking into also as they aim to be the lowest cost hydrogen and high...
